Micron Technology is trading 3.74% down at $986.62 on October 12, amid reports that China’s CXMT has advanced a denser DRAM design and plans to launch DDR5 server-memory products by year-end.
- The 4F² design could fit more memory cells on a chip, raising concerns about future competition and memory pricing.
- Other memory stocks also fell, indicating sector-wide pressure rather than company-specific weakness.
- CXMT has not disclosed full product specifications or an exact launch date.